News from Sentoria
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AI demand fears shake global markets as investors question the price of the boom
Global markets fell as investors reassessed the strength of the artificial intelligence boom. Technology-heavy markets in Asia came under pressure, with concerns over OpenAI’s possible IPO delay, Apple’s price rises and rising memory chip costs weighing…
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Ten years after Brexit, the City of London is stronger than many expected, but not untouched
A decade after the Brexit vote, the City of London has avoided the sharp decline many predicted. London remains one of the world’s leading financial centres, supported by insurance, fintech, foreign exchange and professional services. However,…
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Next UK prime minister faces immediate test of economic reality
The next UK prime minister will inherit a difficult economic backdrop of weak growth, high borrowing costs and stretched public finances. Andy Burnham may be able to offer a political reset, but markets and businesses will…
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Pound slips as Starmer resignation shifts focus to Burnham, gilts and fiscal credibility
The pound weakened and UK government bonds remained cautious after Sir Keir Starmer announced his resignation as prime minister. Markets appear to have priced in much of the political risk, but attention is now turning to…
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Government plans major shake-up of home buying to cut delays and failed sales
The government has announced plans to overhaul the home buying and selling process with upfront sales packs, digital property logbooks and earlier binding agreements. The reforms could cut delays and reduce failed transactions, but success will…
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Amazon Prime Day puts shoppers and retailers on alert as scams rise alongside summer deals
Amazon Prime Day 2026 runs from 23 to 26 June, but consumer groups and cyber security researchers are warning shoppers to watch out for fake deals, cloned websites and phishing messages. The event remains a major…
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Pound weakens as UK political uncertainty unsettles markets
The pound has weakened as speculation over Sir Keir Starmer’s future adds to concerns over UK political stability, borrowing costs and fiscal credibility. Markets may tolerate a change of prime minister, but they are likely to…
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Britain’s high energy costs raise fresh fears over manufacturing offshoring
Britain’s manufacturers are warning that high energy costs are pushing production overseas and threatening jobs, investment and industrial capacity. Government support schemes may help some energy-intensive firms, but industry groups argue that the UK still faces…
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Former WHSmith chain faces make-or-break restructuring as stores and jobs hang in the balance
TG Jones, the rebranded former WHSmith high street chain, faces a crucial restructuring decision that could see up to 150 stores close. The rescue plan may protect thousands of jobs, but landlords have criticised proposals for…
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Fresh ONS labour data error raises questions over trust in UK economic statistics
The Office for National Statistics has admitted an operational error affecting UK labour market data collection, reducing the quality of the July jobs figures. The mistake comes as policymakers, businesses and the Bank of England are…
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Public backs higher tax on Big Tech as UK faces pressure over digital levy
New polling suggests strong public support for higher taxes on major technology companies, but increasing the UK’s digital services tax would create a difficult balance between fairness, business costs, US trade pressure and the country’s ambition…
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Markets rise as oil falls on hopes of US-Iran diplomatic progress
il prices fell and global stock markets rose after reports of progress in US-Iran peace talks, easing fears of a prolonged energy shock. But disruption around the Strait of Hormuz remains a major risk for shipping,…